Obama Outraises Romney in August

Posted September 10th, 2012 at 3:00 am (UTC-5)
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U.S. President Barack Obama's re-election campaign narrowly out raised Republican challenger Mitt Romney's fund raising in August.

Mr. Obama's campaign manager, Jim Messina, issued a statement Sunday saying the campaign had pulled in $114 million last month in conjunction with the Democratic National Committee. Hours earlier, the Romney campaign announced it had raised $111 million in August along with the Republican National Committee.

Although Mr. Romney was out raised in August, it was the third straight month his campaign had raised more than $100 million and he has more cash in the bank than the president, with just weeks remaining before the November 6th general election.

In a nationally televised interview Sunday Mr. Romney said he would keep several parts of Mr. Obama's health care plan intact, despite earlier promises to repeal the entire law if elected.

He insisted he will replace the law, commonly known as “Obamacare,” with his own plan. But he specified that, like Mr. Obama's plan, he would make sure those with pre-existing conditions would still be able to get coverage and that young people would be able to remain under their parents' plan until age 26. He pointed out that, while he was governor in Massachusetts, his health care plan had those stipulations.

Meanwhile, Mr. Obama continued his two-day, post-convention trip through Florida — a critical state in the election that has a sizeable population of retired voters.

The president struck out against the tax cuts and increased defense spending proposed by Mr. Romney and his vice presidential running mate.